George Will: America’s ‘quiet catastrophe’
-Sigmund Freud
I am not the biggest Freud fan but this quote has always struck me as true.
(From The Jewish World Review)
After 88 consecutive months of the economic expansion that began in June 2009, a smaller percentage of American males in the prime working years (ages 25 to 54) are working than were working near the end of the Great Depression in 1940, when the unemployment rate was above 14 percent….
…Since 1948, the proportion of men 20 and older without paid work has more than doubled, to almost 32 percent. This “eerie and radical transformation” – men creating an “alternative lifestyle to the age-old male quest for a paying job” – is largely voluntary. Men who have chosen to not seek work are two-and-a-half times more numerous than men who government statistics count as unemployed because they are seeking jobs.
http://www.againstcronycapitalism.org/
Source: http://www.againstcronycapitalism.org/2016/10/george-will-americas-quiet-catastrophe/
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